I just returned from the annual Voice Biometrics Conference – where the key players of the voice biometrics industry gathered to compare notes, present case studies and discuss future plans. Kudos to the Opus Research team -- Dan Miller, Derek Top and Pete Headrick -- for orchestrating an excellent event.
Over the next week, or so, I plan to share some new case studies that should resolve any lingering concerns about the efficacy of voice biometrics technology. The bottom line is that voice biometrics systems have been deployed at leading organizations throughout the world, and are successfully identifying and verifying individuals by their voice 24/7.
My take away from the conference is as follows: the voice biometrics industry offers an excellent solution, with a compelling value proposition, but still appears to be treading water in the market place.
Showing posts with label derek top. Show all posts
Showing posts with label derek top. Show all posts
Thursday, May 6, 2010
Thursday, March 4, 2010
Updated Voice Biometrics Market Forecast through 2014
Yesterday, I posted projections for the global voice biometrics market (2009-2011). Derek Top, of Opus Research, was kind enough to send me a revised forecast covering the years 2008-2014.
As you can see from the chart, the market is expected to grow from $124 million (2009) to $260 million (2014). This represents a compounded annual growth rate of approximately 16%. According to the chart, the steepest growth is expected to occur between 2010-2011. So let's make this the year of voice biometrics!
As you can see from the chart, the market is expected to grow from $124 million (2009) to $260 million (2014). This represents a compounded annual growth rate of approximately 16%. According to the chart, the steepest growth is expected to occur between 2010-2011. So let's make this the year of voice biometrics!
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